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Hempco Food and Fiber Inc. - Comparative Monthly Sales Report

TSX.V Symbol: HEMP

VANCOUVER, Jan. 9, 2017 /CNW/ - Hempco Food and Fiber Inc. (TSXV: HEMP) ("Hempco®") is pleased to announce its monthly sales report. For the current month Bulk Sales total $777,000 and Retail Sales total $47,000 for a December sales total of $824,000*.

The following is a summary of approximate monthly bulk and retail sales (*=unaudited):

Bulk hemp foods sales and PLANETHEMP brand retail products sales

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Total

Bulk2015/2016

$279K

$434K

$249K

$209K

$183K

$540K

$415K

$632K

$949K

$809K

$351K

$190K

$5.24M

Bulk2016/2017

$1M*

$870K*

$223K*

$777K*

$2.87M*

Retail2016/2017

$1K*

$50K*

$5K*

$47K*

$103K*

Fiscal year end August 31

PLANETHEMP - Awarded Food & Drink Matters "Company of the YEAR!"

Hempco® was recognized for its delicious, nutritious and innovative PLANETHEMP premier food products launch in the UK. http://www.foodmatterslive.com/who-s-there/exhibitors/planet-hemp "The Hempco team has worked hard for this achievement and is honoured to have been chosen. It's great to see hemp foods get recognized. It's a wonderful shot in the arm for us." says CEO, Charles Holmes.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties such as the risk that the closing may not occur for any reason. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as the decision of the TSXV to reject any grant of options or any person to act as investor relation service providers. Except as required by law, the Company does not intend to update any changes to such statements.

SOURCE Hempco Food and Fiber Inc.

For further information: Don Mosher, Business Development Executive, P: 604-685-6465, Vancouver BC, Canada